Question

Why does an excise tax on gasoline exist? Check all that apply.

A make gasoline prices more competitive
B to provide funding for healthcare and education
C to discourage travel by automobile by making gasoline more expensive
D to fund highway repairs and other special projects
E to discourage the use of alternative modes of transportation

Took the test and had marked B C and D And they said incorrect. What should I remove?

Answer 1

C) To discourage travel by automobile by making gasoline more expensive

D) To fund highway repairs and other special projects

Step-by-step explanation:

Excise taxes are frequently levied upon cigarettes, liquor, fuel, and betting. These are regularly viewed as pointless or superfluous merchandise and ventures. To raise imposes on them is to increase their costs and to lessen the sum they are utilized. In this unique situation, extract duties are occasionally known as "transgression charges".

Excise taxes are basically for organizations. Consumers might see the expense of extract imposes straightforwardly. Shippers, who, at that point, pass the assessment on to buyers through higher costs, pay many extract charges.